Videos of past speakers have been available free online for years, and have been viewed more than a billion times.

Vancouver Mayor Gregor Robertson issued a statement boasting Monday’s news as a major score for the city’s tourism industry.

“Having the TED organizers choose Vancouver as their new home is a big vote of confidence in the creative entrepreneurs, social innovators and community leaders who make Vancouver a leading-edge city,” Robertson said.

Organizers said they will be building a new theatre within the convention centre that will take advantage of the panoramic views of the North Shore Mountains.

The show will also be scaled back from the usual audience size of 1,400 down to 1,200.

Apart from the main lineup of speakers, 100 of the most popular former attendees will be invited to either speak on the main stage or to mingle at group events.

Organizers haven’t specified whether Vancouver might host beyond next year, but a post on the TED website hinted that the conference won’t be returning to California any time soon.

“Will this be a next chapter for TED? Quite possibly,” it read. “We feel ready for a new adventure. Our staff is pumped for TED2013, our grand finale year in Long Beach, and are thrilled to be able to go exploring in 2014.”

The conference’s parallel sister event, TEDActive, is also moving from Palm Springs to Whistler. Both will take place from March 17-21, 2014. Registration begins on Feb. 11.